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Control of the U.S. dollar and the global financial system that depends on it gives the American government an incredibly powerful tool in shaping international affairs. As such, it is not surprising that its geopolitical rivals around the world will try to exploit the invention of cryptocurrency to take the USD down a peg. The … Read more
U.S. sanctions won’t be enough to stop Bitcoin mining, but they might choke Iran’s digital currency Go to Source Powered by WPeMatico
“God Almighty, I am a rebel. I’m an outrage to the stability of the U.S. corrupt government” — John McAfee talks to Cointelegraph about living on the run and the future of crypto adoption Go to Source Powered by WPeMatico
Representative for Iran’s Ministry of Industry, Trade, and Supply says US Congress sees mining in Iran as a threat to the success of sanctions Go to Source Powered by WPeMatico
Because of an order emitted by Venezuela’s President Nicolas Maduro, the country’s leading bank Banco de Venezuela will accept the Petro Go to Source Powered by WPeMatico
Traders from Iran have been banned from using the peer-to-peer trading platform Localbitcoins.com within the country. The Iranian section of the website displays a short message that states that the exchange is “currently not available.” The news follows significant Iranian rial trade volume on the Localbitcoins platform, which has been climbing steadily over the last … Read more
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on Moscow-based Evrofinance Mosnarbank. The Russian bank was allegedly involved in Venezuela’s attempts to bypass financial sanctions using the petro. Also Read: In the Daily: Exchange to List STOs, Crypto Tax Tool for Accountants, Coinbase Updates US Sanctions Evrofinance The … Read more
On Feb. 22, bitcoiners rejoiced when the financial banking giant Fidelity was handed the ‘Lightning torch’ as the Lightning Network’s social experiment was passed on to its latest bearer. Then, two days later, the new Lightning torch holder made the decision to exclude passing it on to a cryptocurrency executive from Iran because of U.S. … Read more
Tidbits is a roundup of talking points from across the cryptosphere. In this edition, Jesse Powell offers to help the Canadian police investigate the supposed death of Quadrigacx CEO Gerald Cotten and the subsequent movement of funds. Also, the r/btc community teaches Iranian redditor Cdaemon how to keep his crypto safe. Also read: Canadian Exchange … Read more
An idea to allow companies from certain sectors and in some regions to use cryptocurrencies is gaining traction in Russia. The proposal has been included in a draft law prepared by the Economy Ministry, a high-ranking parliamentarian has voiced his support, and big business is discussing its implementation. Also read: No Reason to ‘Bury’ Cryptocurrencies, … Read more
